Home Buying Process
Starting your real estate search can be not only exciting, but somewhat overwhelming. In this ever-changing real estate market, our agents at NJ Realty will guide you through the entire process.
Initial Consultation
- Determining your needs and priorities
- Educating you on entire process; start to finish
- Discussing financing options
Financing
- Assist you in finding a mortgage company
- Complete loan application
- Provide requested documentation
- Acquire pre-approval
- Property Appraisal
- Loan processing
- Final mortgage approval
- OFF TO THE CLOSING TABLE…………
Finding the Home for You
- Based on individual criteria, have one of our professionals find what is available
- Evaluate all homes of interest
- Choose the right home
Preparing and Submitting an Offer
- Evaluate comparable sales to determine reasonable offer price
- Validate amount of mortgage pre-approval
- Decide on inspections, closing date, personal property, etc.
- Prepare earnest money deposit
- Submit offer with verification of mortgage pre-approval to seller
The Settlement Process
- Acceptance of offer from seller
- Deposit of earnest money
- Contact attorney/send contracts for review
- Review seller property disclosure
- Home inspections (roof, termite, home etc)
- Remove any open contingencies
- Acquire homeowners insurance
- Contact home warranty company/confirm
- Arrange for mover
- Arrange for utility transfer
- Final walk through with sales professional
- Provide balance of down payment and closing cost with attorney
- Title recording
- Receive keys from sales professional/attorney
- Move in!!!
